The real estate market is seeing notable developments across policy, credit and business activity. In Ho Chi Minh City, outstanding loans for tourism and resort real estate reached approximately VND 30 trillion, accounting for a small share of total real estate credit in the city. The State Bank of Vietnam said additional lending for restaurants, hotels, tourism destinations, ecological projects and resorts would be excluded from this year’s real estate credit growth. On the policy front, the State Audit Office proposed increasing the proportion of owners’ equity and reducing the share of borrowed capital in projects, instead of the current 80-85% loan ratio, with the aim of helping lower housing prices. The Ministry of Construction also proposed seven groups eligible for priority access to rental housing policies, including people with two or more children. At the same time, it proposed removing the right of foreign organizations and individuals to purchase adjoining villas while reta...
en.nhaban.vn - Vietnam Real Estate News
Real Estate News, information on real estate projects, policies and real estate investment potential are aggregated from many sources by AI.